According to a statement circulating online, the settlement was negotiated by Thomas A. Demetrio of Corby & Demetrio and Stephen Golan of Golan Christie Taglia and United's legal representation. A condition of the settlement was that it remain confidential.

JUST IN: Lawyers for David Dao say he has reached an "amicable settlement" with United Airlines. The announcement:

In the statement, Demetrio praised United CEO Oscar Munoz.

"United has taken full responsibility for what happened on Flight 3411, without attempting to blame others, including the City of Chicago," the statement reads. "For this acceptance of corporate responsibility, United is to be applauded."